ISRO’s NavIC set to be commercialised by Antrix.
The regional navigation satellite system can serve as an indigenous-GPS
The Indian Space Research Organisation (ISRO) and its older commercial arm Antrix Corporation Ltd. are poised to commercialise India’s regional navigation satellite system, NavIC, with Antrix recently floating two separate tenders to identify industries that can develop dedicated NavIC-based hardware and systems.
NavIC (Navigation in Indian Constellation) is the Indian system of eight satellites that is aimed at telling business and individual users where they are, or how their products and services are moving. The indigenous positioning or location based service (LBS) works just like the established and popular U.S. Global Positioning System or GPS, but within a 1,500-km radius over the sub-continent.
Antrix’s Chairman and Managing Director S. Rakesh said the company was currently identifying suitable device manufacturers on the one side and comprehensive integrators of NavIC-based systems (SIs) on the other side. Eligible manufacturers from the two sets would be empanelled so that they could bid for government projects that require monitoring of moving assets and fleet.
The regional navigation satellite system can serve as an indigenous-GPS
The Indian Space Research Organisation (ISRO) and its older commercial arm Antrix Corporation Ltd. are poised to commercialise India’s regional navigation satellite system, NavIC, with Antrix recently floating two separate tenders to identify industries that can develop dedicated NavIC-based hardware and systems.
NavIC (Navigation in Indian Constellation) is the Indian system of eight satellites that is aimed at telling business and individual users where they are, or how their products and services are moving. The indigenous positioning or location based service (LBS) works just like the established and popular U.S. Global Positioning System or GPS, but within a 1,500-km radius over the sub-continent.
Antrix’s Chairman and Managing Director S. Rakesh said the company was currently identifying suitable device manufacturers on the one side and comprehensive integrators of NavIC-based systems (SIs) on the other side. Eligible manufacturers from the two sets would be empanelled so that they could bid for government projects that require monitoring of moving assets and fleet. (Source: The Hindu)
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